About meHi, my name is Ben. I'm a freelance writer by day and a crypto trader by night. If you want entries, targets, or a custom chart, I am happy to help out (for a small fee). I also run a beginner's charting and trading course. Just shoot me a PM for info.
Ethereum recently plummeted when BTC tanked. The short term, 2 month uptrend was smashed, but the seven month uptrend is still in tact. If this holds, we could see a decent recovery, back up towards 300 USD, if not we could fall back towards 100 USD.
Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the...
Here's a possibility: Bitcoin is currently in the middle of a double bottom pattern. After recently hitting almost 14K the price seems to be retracing, although it is possible it may retrace a lot lower than people are hoping. We could see the price come back down to 6K, 5K, and maybe even 3K before finally taking off for the moon.
The RSI is strong, but the...
Potential bull flag developing in BTC. Close above 5300 on the 1D chart would most likely signal a break upwards. Close below 4800 will signal a break downwards.
Stoch RSI is almost oversold. RSI is strong. Let's see.
Massive falling wedge in ZEC. Rescoped a little since my last look. THis looks a lot more legit. All the signs are there for a massive run. RSI is fairly strong, stoch allows for growth. Teetering on the edge of wedge resistance. Price has been hanging around above the kumo for weeks.
What a truly depressing year it has been for crypto. Oh well, I've thought for a long time that we missed the correction at 10K and that we would pay for it, and we are, big time. Among other large factors of course.
Anyway, I dusted off this old chart that I hoped I would never have to use again showing strong support zones. Support zone 1 held really strong for...
This is a no brainer. Accumulate in the zone and hodl. PIVX has hit rock bottom recently and has established a slight up trend with intermittent spikes in price. RSI is strong. Stoch allows for growth. Price is above the kumo for the first time in 6 months. All positive signs. Just need to be patient.
Monero looks like a good buy at the moment. Almost completed the market cycle and building a falling wedge. Stoch is oversold. Might take a while to get started in this depressing market, but a good spot to accumulate.
So BTC has finally blown through the 6.8K resistance with some nice volume. Now, thinking ahead, it seems to me that 7.7K will be the most important plot point in the coming weeks.
RSI is strong, Stoch allows for growth, MACD is ready for a bullish cross.
Most importantly (to me) is that the ichimoku cloud is giving 2/3 bullish signals. Just waiting on a close...
EOS is still relatively new and is still to complete a market cycle, but this seems to be the active trends. Stoch and Bollinger Bands suggest there will be a pullback soon, perhaps to the short term uptrend. RSI and Ichimoku, however, suggest more upside. Here are some suggested entries. Happy trading.
Navcoin has been testing the long term (5 month) downtrend a lot recently. The last test was done on significant volume. I think it's going to pop sooner rather than later. Accumulate low and strap yourself in for the ride folks.
Monero is walking the golden line once more. If Monero can stay above it we might see another push towards the top of the light blue channel (around 0.036). If it falls below I believe we could retest the bottom of the light blue channel (around 0.0137). Only time will tell.
Navcoin is fairly new but shows a lot of promise. Stoch and RSI looking decent. Bollinger bands too. Once the downtrend breaks with volume (and the 1D candle closes above the kumo) there should be fireworks.
PM me for entries and targets.